Forex Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
Papua New Guinea Kina/British Pound (FOREX:PGKGBP)
Strong Downtrend (-100) - PGKGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PGKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for PGKGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PGKGBP
The long-term trend has been DOWN since Jul 9th, 2020 at 0.22621983
The intermediate-term trend has been DOWN since Apr 18th, 2021 at 0.20384714
The short-term trend has been DOWN since Apr 18th, 2021 at 0.20445480
Smart Scan Analysis for PGKGBP
Based on our trend formula, PGKGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).